Medium term view - AIR FRANCE-KLM : Prices have pulled back to the rectangle, they can resume their rally.
Prices were consolidating in a pattern. They broke above the highest threshold of that pattern. The trend becomes bullish. The target is at €18.450. The invalidation is below €11.140.Arguments :
- Prices have pulled back to the rectangle, they can resume their rally.
Air France-KLM is a holding company. Through its subsidiaries, Co. is engaged in transporting passengers and cargo, aeronautics maintenance and other air-transport related activities, including catering and charter services. Co. operates in six geographical regions: Metropolitan France; Europe (except France) and North Africa; Caribbean, French Guiana and Indian Ocean; Africa, Middle East; Americas, Polynesia; and Asia and New Caledonia. Co. organizes its business around the following four segments: Passenger, providing passenger transportation services on scheduled flights; Cargo, transporting freight on flights and selling cargo capacity to third parties; Maintenance, and Other activities.
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